Will Pepe go to hell?PEPE's price action structure is bearish.
We have a strong order block, and if the price pulls back to it, it is a good opportunity to open sell/short trades.
We also have a dynamic resistance, where the candles are below this area, which causes a selling point.
Currently, PEPE is involved in a support that is expected to break sooner or later.
The green area is the first valid support that we can use as TP.
I also specified the invalidation level. Do not enter the position without capital management and stop setting.
PEPEUSDT
PEPE is showing signs of a continuity of bullish momentumHarmonic bullish reversal move:
Before starting the analysis of PEPE, I would like to share with you my most recent trade signal for PEPE, which I shared few hours ago. That was a harmonic bullish reversal Gartley move, which PEPE formed on a 4-hour time frame, and recently it has begun a successful bullish reversal form the potential reversal zone of this move.
Massive Breakout from the channel:
On a daily time frame chart, from may 2023 to June 2023 the priceline of PEPE coin has been moving inside a long down channel, and finally on 20th of June 2023, the priceline of the leading meme coin broke out the resistance of this channel and rallied more than 131%. But during this move the price got rejected by the long term resistance of $ 0.00000190 and formed another down channel.
2nd channel breakout:
Now from July 2023 to September 2023, PEPE was moving inside in another down channel, and during this move to the downside there was a fake out happened, and price got rejected by a very long term resistance zone, which starts from $ 0.00000136 and goes to $ 0.00000146. After this rejection PEPE re-entered the same down channel now on 22nd of September it has broken out this channel as well.
Inverse H & S breakout:
Recently on a 4-hour time frame PEPE has broken out an Inverse Head & Shoulder pattern and now the price is getting accumulated above the neckline of this inverse head & Shoulder.
Targets:
Now if we take a look at the targets for all these patterns and breakouts, then the expected target for inverse Head & Shoulder is $ 0.00000082, and the recent channel’s breakout targets is $ 0.00000095, and the target for the breakout from the oldest channel, which was happened in the month of June 2023 is $ 0.00000210.
Conclusion:
PEPE is showing the sign of a continuity of the bullish momentum, because it has broken out a long down channel after 77 days, and recently broke out another inverse Head & Shoulder, moreover, after breaking out the head and shoulder pattern it also formed harmonic bullish reversal pattern and started another reverse from the potential reversal zone of this pattern as well.
SasanSeifi 💁♂️PEPE 👉6H🔼 0.000000830 / 0.000000875In the 6-hour timeframe, as you can see, the price has experienced a growth of over 30% from the 0.0000006020 range. Currently, with the possibility of a price rejection from the supply area, we can consider a scenario where, after a correction and retesting, the price may once again move upwards if confirmed. The target for further growth could be the important resistance levels at 0.000000830 / 0.0000008755.
To better understand the continuation of the price movement, we need to observe how the price reacts to the range between 0.0000007340 / 0.0000007560. If the price breaks below the support ranges and establishes itself lower, it may increase the likelihood of a further correction.
🔵Remember, always conduct your own analysis and consider other factors before making any trading decisions. Good luck!"✌️
Pepe Token formed bullish Gartley for the next pumpHi dear friends, hope you are well and welcome to the new update on Pepe Token with US Dollar pair.
Our last successful trade of PEPE was the below one:
Now on a 4-hr time frame, PEPE has formed a bullish Gartley move for the next pump.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
We're on our way to the next floorIf you see my profile you will notice that it predicts Pepe's previous floor quite accurately and now I think I am right again, see how the downward trend has been making a megaphone since July 14, I think that after hitting the floor The trend would be upward and the next tarjet could be the daily ma of 100.
PEPE ANALYSIS🟢#PEPE Analysis : Breakout Scenario 💰💰
🚀🚀As we can see that #PEPE is trading nearby all time low levels since many days. We can see a breakout in #PEPE. The appearance of a falling wedge breakout indicates an upward potential. 📈📈
🔖 Current Price: $0.00000069
⏳️ Target Price: $0.00000140
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#PEPEAnalysis #Cryptocurrency #BreakoutScenaria #DYOR
📉PEPE analysis after team conflict📈BINANCE:PEPEUSDT
OKX:PEPEUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes below the yellow area, the long scenario won't be fulfilled.
Targets are on the chart.
Optimum stop-loss for long position is below the 0.0000008415 level.
After what happened to Pepe's developer team and their conflict, there is a possibility of an upward return in the price trend if the sentiment around this project improves.
If the negative sentiment continues, the price of Pepe can decrease to the lower levels of the pitchfork.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
PEPE coin is on the short list with a level of 0.00000085Hello everyone!
AIHermes today identified the coin PEPE on the short list with a level of 0.00000085
Entry model - breakout! Leverage 10-20X
Stop short.
Trade with us, trade better than us!
Today:
5 coins on the short list
22 coins on the long list
PEPEUSDT at the all time low levelHello everyone! Today we will analyze the hype coin PEPEUSDT. The chart shows the main resistance/support levels. And judging by the price movement, growth to the July marks is not yet expected. As the price updates its local lows. Now we are standing close to an important resistance level, since the price has not yet gone below this level. Therefore, in the near future I am waiting for PEPEUSDT at 0.0000005
DESCENDING TRIANGLE $PEPEUSDT -50% dropHello crypto fam! I hope everyone is having not only a wonderful but also profitable day trading. Make sure to smash that LIKE and FOLLOW!
Is FWB:PEPE in a Descending Triangle?
Yes i believe FWB:PEPE is in a large BEARISH DESCENDING TRIANGLE that has the potential to dump FWB:PEPE -50%.
What is a descending triangle?
In Descending Triangle Chart Patterns there is a string of lower highs. This pattern is formed with a trend line that is sloping and a flat or a horizontal support line at the bottom. The pattern emerges as a price bounces off the support level at least twice.
How accurate is trading a descending triangle pattern?
Glad you asked, a descending triangle is a powerful technical analysis pattern with a predictive accuracy of 87%.
Conclusion
Well as i have illustrated in the chart above and described in the description box i believe we are in a descending triangle. Everything in the market seems to make sense for FWB:PEPE to see a massive sell off along with CRYPTOCAP:ETH and $BTC. Expect to see MAJOR bounce around $0.0000003700's level which is where i will be LONGING $PEPE. As far as a timeframe on how long it may be until we see a break down is hard to predict. The FWB:PEPE breakdown will likely be ignited by CRYPTOCAP:ETH and CRYPTOCAP:BTC sell offs. A way to measure this would be once eth breaks $1,600 its likely that FWB:PEPE will follow suit and dump alongside CRYPTOCAP:BTC and other major altcoins.
Thanks, LiquidMEX
PEPEUSDTThis is a 1D frame analysis for PEPEUSDT Based on the fact that the price is on a support zone, we can expect it to move towards the first resistance line. However, keep in mind that if the price breaks below the support line completely, it may see lower numbers, but as long as the price is above the support line, we can expect an increase in price up to the first resistance line.
📉PEPE is ready for a price jump 📈BINANCE:PEPEUSDT
Hello Traders, please check out my previous ideas.
If the price stabilizes below the yellow area, the long scenario won't be fulfilled.
Targets are on the chart.
Optimum stop-loss is below the 0.0000008415 level.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CrazyS✌
PEPE to fall by 71% to under 100 million market cap!In the absence of any concrete utility to support the token, nothing seems to prevent Pepecoin from falling below the 100 million mark in market cap.
Shiba Inu expands into DeFi to support its ecosystem. Speculators will be less patient for PEPE.
Developers cashed out and are watching the ship sink!
There is no bullish momentum to reject PEPE's price as it approaches key support at $0.0000008375 or June 2023 low.
If price breaks down this level, there would be another drop to 0.0000003099 support, or more than -71%. PEPE market cap would then be less than 100 million dollars.
PEPE's initial price is $0.00000000001394 according to Techopedia.